Re: Trickledown economics
@cbars
"No. The word maintained was there to account an increase in quality of life without a change in income differential."
Ah sorry for misunderstanding. How would the rich keep their income level? With inflation they would either lose money or have to keep level with inflation which is an odd measurement itself. And what if they lose money? How will they be compensated back to level?
"The "developed" world didnt get this way by making cool stuff"
The industrial revolution, increasing trade and freer markets made the developed world. Most recently look at China and Venezuela to see how countries can change their fortunes.
"We nicked a shitload and enslaved a lot of people, as has happened all over history and I'm not making any claim as to whether that's relevant anymore, but its relevant if you think we just invented our way to wealth...."
In that case ISIS must have been stunningly rich. Africa a total powerhouse (they did the enslaving the west bought their slaves from) and as slavery is a practice from around the world that would suggest the rest of the world should also be far richer. The USSR used slave labour yet failed to grow economically. Slavery makes a rich country doesnt stand up to history.
"You only deserve a tax break if you're proportionally benefitting society over and above what the government could do with the money"
In that case the entire private sector (person to business) needs a huge tax break. Since the gov reduces economic activity through tax and the private sector generates the productivity that makes the economy as successful as it is we should be well rewarded. Examples of government run economies have always been awful so that is easy to see.
"if you cant, then give the money to government and let them spend it"
I have already explained that we do anyway but lets assume any spending apart from necessity must go to gov. I hope you like bowls of gruel and working hard under the lash. And forget having a computer or the time to be posting about money.
"If you lose, yes, you get taxed, but you're "rich", and that is the deal (in my fantasy argument)"
Ok so what is the definition of rich? This is a tough one because originally tax was literally only imposed on the rich. So how do we define rich so as not to have it creep down to the masses?
"Yes, well, clearly I don't know anything about you and I'm sure you're not an imbecile, I'm just calling it based on your ludicrous arguments, don't take it to heart"
Np. I hope I am explaining my position well, all I can do is try.